Managers who design data collection reports that regularly and routinely obtain required data are helping to ensure that:
A)extreme values are not used to calculate cost functions.
B)the relationship between the cost driver and the cost remains stable over time.
C)all data are recorded.
D)inflationary effects are removed.

Question

Quizplus · Accepted Answer

Ensuring that data collection reports regularly and routinely obtain required data helps in making sure all data are recorded. This comprehensive data recording is crucial for accurate analysis and decision-making. Options A, B, and D refer to specific analytical considerations that are not directly related to the routine and regular collection of data.

Managers Who Design Data Collection Reports That Regularly and Routinely